90% Confidence Interval Upper Bound of Estimate of Related Children Age 5-17 in Families in Poverty for Utah
PECIUB5T17UT49000A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
66,147.00
Year-over-Year Change
-31.73%
Date Range
1/1/1989 - 1/1/2023
Summary
This economic indicator represents the upper bound of the 90% confidence interval for the estimate of related children aged 5-17 living in poverty in Utah. It provides insights into the state's child poverty levels and helps inform policy decisions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 90% Confidence Interval Upper Bound of Estimate of Related Children Age 5-17 in Families in Poverty for Utah is a statistical measure that captures the upper limit of the range within which the true child poverty rate in the state is likely to fall, with 90% confidence. This data point is used by economists and policymakers to assess the scale and trends of child poverty in Utah.
Methodology
The data is collected and calculated by the U.S. Census Bureau through its annual American Community Survey.
Historical Context
This economic indicator is relevant for informing state-level policies and programs aimed at addressing child poverty in Utah.
Key Facts
- The upper bound of the 90% confidence interval for child poverty in Utah was 17.4% in 2021.
- This indicator has been tracked by the U.S. Census Bureau since 2005.
- Reducing child poverty is a key policy priority for the state of Utah.
FAQs
Q: What does this economic trend measure?
A: This indicator represents the upper bound of the 90% confidence interval for the estimate of related children aged 5-17 living in poverty in the state of Utah.
Q: Why is this trend relevant for users or analysts?
A: This data point is used by economists and policymakers to assess the scale and trends of child poverty in Utah, which is crucial for informing state-level policies and programs aimed at addressing this issue.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through its annual American Community Survey.
Q: How is this trend used in economic policy?
A: This economic indicator is relevant for informing state-level policies and programs aimed at addressing child poverty in Utah.
Q: Are there update delays or limitations?
A: The data is updated annually by the U.S. Census Bureau, with the most recent data available for 2021.
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Citation
U.S. Census Bureau, 90% Confidence Interval Upper Bound of Estimate of Related Children Age 5-17 in Families in Poverty for Utah (PECIUB5T17UT49000A647NCEN), retrieved from FRED.